The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019

Input dataU.K.

This section has no associated Explanatory Memorandum

10.—(1) Article 11 (input data) is amended as follows.

(2) In paragraph 5—

(a)in the first subparagraph—

(i)in the first sentence, for “ESMA shall develop draft regulatory” substitute “ The FCA may make ”;

(ii)in the second sentence, omit “ESMA draft regulatory”;

(b)in the second subparagraph, for “ESMA” substitute “ The FCA ”;

(c)omit the third and fourth subparagraphs.

(3) Omit paragraph 6.

Commencement Information

I1Reg. 10 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)